Boston Trust Walden Corp Has $80.29 Million Stock Position in Nordson Corporation $NDSN

Boston Trust Walden Corp lessened its stake in Nordson Corporation (NASDAQ:NDSN) by 13.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 301,761 shares of the industrial products company’s stock after selling 47,413 shares during the quarter. Boston Trust Walden Corp’s holdings in Nordson were worth $80,286,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in NDSN. Norges Bank bought a new stake in Nordson during the fourth quarter worth $191,654,000. M&T Bank Corp increased its stake in shares of Nordson by 10,127.9% during the 4th quarter. M&T Bank Corp now owns 586,877 shares of the industrial products company’s stock worth $141,103,000 after purchasing an additional 581,139 shares during the last quarter. Millennium Management LLC increased its stake in shares of Nordson by 61.9% during the 3rd quarter. Millennium Management LLC now owns 592,385 shares of the industrial products company’s stock worth $134,442,000 after purchasing an additional 226,514 shares during the last quarter. Jennison Associates LLC raised its holdings in shares of Nordson by 539.2% in the 4th quarter. Jennison Associates LLC now owns 252,353 shares of the industrial products company’s stock valued at $60,673,000 after purchasing an additional 212,876 shares during the period. Finally, Vanguard Group Inc. lifted its stake in Nordson by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 6,257,600 shares of the industrial products company’s stock valued at $1,504,515,000 after purchasing an additional 186,480 shares during the last quarter. 72.11% of the stock is owned by institutional investors.

Nordson Stock Down 1.8%

Shares of NDSN opened at $290.38 on Friday. Nordson Corporation has a 52 week low of $207.08 and a 52 week high of $307.74. The firm has a market cap of $16.18 billion, a P/E ratio of 30.96, a price-to-earnings-growth ratio of 1.96 and a beta of 0.96. The firm’s 50-day simple moving average is $287.10 and its 200 day simple moving average is $276.05. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.65 and a current ratio of 2.60.

Nordson (NASDAQ:NDSN) last issued its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.82 by $0.04. Nordson had a net margin of 18.19% and a return on equity of 20.08%. The firm had revenue of $740.85 million during the quarter, compared to the consensus estimate of $728.78 million. During the same period last year, the business posted $2.42 earnings per share. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. Nordson has set its Q3 2026 guidance at 2.950-3.150 EPS and its FY 2026 guidance at 11.300-11.800 EPS. On average, analysts forecast that Nordson Corporation will post 11.59 earnings per share for the current year.

Nordson Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, June 18th will be issued a dividend of $0.82 per share. This represents a $3.28 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, June 18th. Nordson’s dividend payout ratio (DPR) is presently 34.97%.

Insider Activity at Nordson

In other Nordson news, EVP Srinivas Subramanian sold 3,100 shares of the company’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $280.00, for a total value of $868,000.00. Following the transaction, the executive vice president directly owned 6,407 shares of the company’s stock, valued at $1,793,960. This represents a 32.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Hall sold 716 shares of the stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $275.82, for a total value of $197,487.12. Following the transaction, the executive vice president owned 1,515 shares in the company, valued at $417,867.30. The trade was a 32.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on NDSN. DA Davidson lifted their price target on Nordson from $335.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Weiss Ratings upgraded Nordson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. Wall Street Zen cut Nordson from a “buy” rating to a “hold” rating in a research report on Saturday, June 27th. Oppenheimer lifted their target price on Nordson from $325.00 to $335.00 and gave the stock an “outperform” rating in a research note on Friday, May 29th. Finally, BNP Paribas Exane boosted their target price on Nordson from $285.00 to $290.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $311.29.

Nordson Company Profile

Nordson Corporation designs, manufactures and markets precision dispensing equipment and systems that apply adhesives, coatings, sealants and polymers in a broad range of industrial and medical applications. The company’s portfolio spans fluid systems, curing and surface preparation technologies, vacuum and thermal management products, and advanced test and inspection solutions. Nordson’s offerings serve critical manufacturing processes by delivering exacting dispensing accuracy and process control to ensure consistent product performance and high production throughput.

Nordson operates through multiple segments that cater to diverse markets including electronics, packaging, medical, energy, automotive and general industrial sectors.